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Advanced Drain Sys Inc Del - WMS STOCK NEWS

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Advanced Drainage Systems, Inc. (ADS), headquartered in Hilliard, Ohio, is a leading manufacturer specializing in high-performance thermoplastic corrugated pipe and comprehensive water management products. Established in 1966, ADS provides innovative drainage solutions that cater to a diverse range of markets, including residential, non-residential, agricultural, and infrastructure applications.

ADS has built a strong market presence by leveraging its extensive national sales and distribution network, diverse product range, and manufacturing excellence. With a global workforce of 3,700 employees, the company operates 57 manufacturing plants and 33 distribution centers, ensuring efficient production and distribution.

ADS became a publicly traded company on the NYSE® in July 2014, under the symbol WMS. The company's core business segments include Pipe, Infiltrator, International, and Allied Products and Other, with the Pipe segment generating the most revenue. ADS serves a wide array of industries such as agriculture, aviation, military, mining, residential, transportation, and healthcare.

Some recent achievements of ADS include strategic partnerships and continuous innovation in product development. The company is committed to sustainable growth and continually seeks to enhance its product offerings and operational capabilities. ADS's products are known for their quality and reliability, making them a preferred choice for effective water management solutions worldwide.

News

Advanced Drainage Systems Shares Benefits of Plastic Pipe in Honor of America Recycles Day

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Advanced Drainage Systems, Inc. (NYSE: WMS) highlights the importance of sustainable and economically viable water management solutions using recycled plastics, as validated by a recent study from the National Academies of Sciences. The company's recycled plastic pipe offers several proven benefits, including waste stream reduction, a smaller carbon footprint, and compliance with industry standards. ADS products are designed to last for decades, significantly extending the life of single-use plastics and reducing the carbon impact by more than 70 percent.
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Advanced Drainage Systems to build New Florida Manufacturing Facility

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Advanced Drainage Systems (ADS) announced the construction of a new pipe manufacturing facility in Lake Wales, FL. The facility will be built on a 100-acre site and will incorporate advanced automation technologies for manufacturing corrugated thermoplastic pipe. The plant aims to support ADS' growth in Florida and the Southeastern U.S. and will complement the company's existing manufacturing facilities in Sebring and Winter Garden.
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Advanced Drainage Systems Announces Quarterly Cash Dividend

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Advanced Drainage Systems (ADS) has announced a quarterly cash dividend of $0.14 per share, representing a 17% increase over the previous year. The dividend will be paid on December 15, 2023, to shareholders of record as of December 1, 2023.
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Advanced Drainage Systems Announces Second Quarter Fiscal 2024 Results

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Advanced Drainage Systems (ADS) reports Q2 fiscal 2024 results with net sales decreasing 11.8% to $780.2 million and net income decreasing 10.7% to $137.0 million. Adjusted EBITDA decreased 6.4% to $246.3 million. Year-to-date fiscal 2024 results show net sales decreasing 13.4% to $1,558.3 million and net income decreasing 9.0% to $310.9 million.
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Advanced Drainage Systems to Announce Second Quarter Fiscal Year 2024 Results on November 2, 2023

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Advanced Drainage Systems, Inc. (ADS) will release its unaudited financial results for Q2 2023 on November 2, 2023. A conference call and webcast will be held to discuss the results.
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$500,000 of Stormwater Products Donated by Advanced Drainage Systems Installed at New Hilliard Community Center Site

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The City of Hilliard installs stormwater management system for new Recreation and Wellness Campus, receiving $500,000 of donated products from Advanced Drainage Systems, Inc. (ADS). The campus is a large capital investment and will include various facilities and outdoor space. ADS products will help protect the watershed that feeds Big Darby Creek.
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Advanced Drainage Systems Issues Fiscal 2023 Sustainability Report

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Advanced Drainage Systems, Inc. (ADS) issued its Fiscal 2023 Sustainability Report, showcasing its commitment to environmental leadership and progress towards sustainability goals.
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Ohio Environmental Protection Agency Names ADS "Gold" in 2023 Encouraging Environmental Excellence Awards

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ADS honored for water quality protection, recycling and commitment to innovation
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Advanced Drainage Systems Announces Quarterly Cash Dividend

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Advanced Drainage Systems, Inc. (NYSE: WMS) announces a 17% increase in quarterly cash dividend to $0.14 per share, reflecting strong financial performance and commitment to returning capital to shareholders.
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Advanced Drainage Systems Announces First Quarter Fiscal 2024 Results

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Advanced Drainage Systems, Inc. (NYSE: WMS) announced Q1 fiscal 2024 results, with net sales down 14.9% to $778.0 million, net income down 7.7% to $173.9 million, and adjusted EBITDA down 5.9% to $281.3 million. The company confirmed its financial targets for fiscal 2024, expecting net sales of $2.6-2.8 billion and adjusted EBITDA of $725-825 million.
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FAQ

What is the current stock price of Advanced Drain Sys Del (WMS)?

The current stock price of Advanced Drain Sys Del (WMS) is $111.39 as of February 28, 2025.

What is the market cap of Advanced Drain Sys Del (WMS)?

The market cap of Advanced Drain Sys Del (WMS) is approximately 8.7B.

What does Advanced Drainage Systems, Inc. specialize in?

ADS specializes in high-performance thermoplastic corrugated pipes and comprehensive water management products.

When was Advanced Drainage Systems, Inc. founded?

ADS was founded in 1966.

Where is the headquarters of Advanced Drainage Systems, Inc. located?

The headquarters of ADS is located in Hilliard, Ohio.

When did Advanced Drainage Systems, Inc. become a public company?

ADS became a public company in July 2014 and is traded on the NYSE® under the symbol WMS.

How many employees does Advanced Drainage Systems, Inc. have?

ADS employs approximately 3,700 people globally.

What are the main business segments of ADS?

The main business segments of ADS include Pipe, Infiltrator, International, and Allied Products and Other.

Which segment generates the most revenue for ADS?

The Pipe segment generates the most revenue for ADS.

What industries does ADS serve?

ADS serves various industries including agriculture, aviation, military, mining, residential, transportation, and healthcare.

How many manufacturing plants and distribution centers does ADS operate?

ADS operates 57 manufacturing plants and 33 distribution centers globally.

What are some recent achievements of ADS?

Recent achievements of ADS include strategic partnerships and continuous innovation in product development.
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Advanced Drain Sys Inc Del

NYSE:WMS

WMS Rankings

#730 Ranked by Market Cap
#2027 Ranked by Dividends

WMS Stock Data

8.67B
70.36M
8.99%
89.67%
2.49%
Building Products & Equipment
Plastics Foam Products
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United States
HILLIARD